'Diamonds are forever,' but not necessarily so for northern mining industry

'Diamonds are forever,' but not necessarily so for northern mining industry

Last week, mining giant DeBeers announced the closure of its lab-grown diamond business and its renewed commitment to natural diamonds. But northern Ontario’s mining industry isn’t expecting an exploration rush anytime soon.

‘Diamonds are forever,’ but not necessarily so for northern mining industry – by Aya Dufour (CBC News Sudbury – May 13, 2025)

https://www.cbc.ca/news/canada/sudbury/ DeBeers renews focus on natural diamonds after closing lab-grown business DeBeers recently renewed its focus on natural diamonds after experimenting with lab-grown ones. But that probably won’t be enough to revive diamond mining in northern Ontario, according to some working in the sector. In a news release last week, the mining giant pointed to ...